Sri Lakshmi Saraswathi Textiles Faces Significant Volatility Amid Market Challenges

Feb 17 2025 09:39 AM IST
share
Share Via
Sri Lakshmi Saraswathi Textiles (Arni) has faced significant volatility, hitting a new 52-week low and experiencing a cumulative drop of 20.4% over three days. The stock is trading below all major moving averages and has declined by 22.82% over the past year, contrasting with the Sensex's gains.
Sri Lakshmi Saraswathi Textiles (Arni), a microcap player in the textile industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 33.51. This decline marks a notable underperformance, with the stock falling 9.18% compared to its sector peers. Over the past three days, the stock has seen a cumulative drop of 20.4%, reflecting a concerning trend for investors.

Opening the day with a gap down of 9.63%, the stock has remained stagnant at this price level throughout the trading session, hitting an intraday low of Rs. 33.51. Additionally, Sri Lakshmi Saraswathi Textiles is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its performance metrics.

Over the past year, the stock has declined by 22.82%, contrasting sharply with the Sensex, which has gained 4.23% during the same period. This performance highlights the challenges faced by Sri Lakshmi Saraswathi Textiles in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News